When Nectar and Avios began their partnership in January 2021, it opened up Sainsbury’s Bank as another potential route for indirectly earning Avios.
When it comes to earning Avios from insurance, your best bet is Alan Boswell Insurance Brokers. You can read about Alan Boswell’s Avios offer in this article. They can offer you up to 10,000 Avios when you take out household, business, medical or landlord insurance.
Boswell doesn’t offer Avios on all insurance types, however, and Sainsbury’s Bank could fill some of the gaps. Details of what it offers are here.
What insurance products can I buy from Sainsbury’s Bank?
These are the insurance products on offer:
- Car insurance – click here for details
- Home insurance – click here for details
- Pet insurance – click here for details
- Travel insurance – click here for details
- Life insurance – click here for details
The best offers are targetted
What we have seen since Avios partnered with Nectar is that Sainsbury’s Bank does NOT have many ‘open to all’ insurance deals.
Most offers are targetted and promoted via the Nectar app, in the ‘Partners’ section. It is worth having a look there from time to time to see what you are offered.
There is one deal which is open to all, however ….
Get 22,000 Nectar points with a life insurance sign-up offer
This what you can earn:
- 10,000 Nectar points (6,250 Avios) if your policy is under £8.50 per month
- 16,000 Nectar points (10,000 Avios) if your policy is £8.50 to £20 per month
- 22,000 Nectar points (13,750 Avios) if your policy is over £20 per month
You don’t qualify for the points until you have paid your first five monthly premiums. After this time, the points may take a further 60 days to reach your Nectar account.
If you have an existing life policy which you could switch to Sainsbury’s Bank then this is a decent deal. The maths also isn’t bad purely as a points offer.
For example, if you could set up a level of cover which cost exactly £8.50 per month, you would be spending £42.50 over the minimum five month commitment. In return you will receive 16,000 Nectar points worth 10,000 Avios. You can’t argue with that.
As the value of any insurance offer is totally dependent on the premium you are quoted, you clearly need to look at any Nectar earning in the context of what your policy will cost.
That said, it is worth keeping an eye on the Nectar app to see what targetted sign-up offers are made available to you.
How to earn Avios from UK credit cards (December 2023)
As a reminder, there are various ways of earning Avios points from UK credit cards. Many cards also have generous sign-up bonuses!
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
There are two official British Airways American Express cards with attractive sign-up bonuses:
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points. These points convert at 1:1 into Avios.
SPECIAL OFFER: Until 9th January 2024, you will receive 30,000 Membership Rewards points (convertible to 30,000 Avios) with American Express Preferred Rewards Gold. You receive 25,000 points if you spend £3,000 in three months and a further 5,000 points if you hold the card for 15 months. You can apply here.
SPECIAL OFFER: Until 9th January 2024, you will receive a huge 100,000 Membership Rewards points (convertible to 100,000 Avios) with The Platinum Card. You receive 75,000 points if you spend £10,000 in six months and a further 25,000 points if you hold the card for 15 months. You can apply here.
American Express Preferred Rewards Gold
Your best beginner’s card – 30,000 points (TO 9th JANUARY), FREE for a year & four airport ….. Read our full review
The Platinum Card from American Express
Crazy 100,000 points (TO 9th JANUARY) and a huge range of valuable benefits – for a fee Read our full review
Run your own business?
We recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,500 Avios.
You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus.
There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.